FY2026 Earnings Estimate for Canfor Issued By Raymond James

Canfor Co. (TSE:CFP) – Investment analysts at Raymond James issued their FY2026 earnings estimates for shares of Canfor in a research report issued to clients and investors on Monday, October 21st. Raymond James analyst D. Swetlishoff expects that the company will post earnings of $1.68 per share for the year. Raymond James currently has a “Strong-Buy” rating and a $28.00 target price on the stock. The consensus estimate for Canfor’s current full-year earnings is $0.40 per share.

Canfor (TSE:CFP) last announced its quarterly earnings results on Thursday, July 25th. The company reported C($1.42) earnings per share for the quarter, missing the consensus estimate of C($0.17) by C($1.25). The firm had revenue of C$1.38 billion for the quarter, compared to analyst estimates of C$1.42 billion. Canfor had a negative net margin of 7.39% and a negative return on equity of 9.65%.

Several other analysts have also issued reports on CFP. CIBC boosted their price objective on shares of Canfor from C$17.00 to C$19.00 and gave the company an “outperform” rating in a report on Monday, July 29th. Royal Bank of Canada boosted their price objective on shares of Canfor from C$18.00 to C$19.00 and gave the company an “outperform” rating in a report on Monday, July 29th. BMO Capital Markets reduced their price objective on shares of Canfor from C$22.00 to C$20.00 and set a “strong-buy” rating on the stock in a report on Tuesday, July 23rd. TD Securities reduced their price objective on shares of Canfor from C$20.00 to C$19.00 in a report on Tuesday, July 23rd. Finally, Scotiabank reduced their price objective on shares of Canfor from C$20.00 to C$19.00 and set a “sector perform” rating on the stock in a report on Tuesday, July 30th. One research analyst has rated the stock with a hold rating, three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of C$20.67.

Canfor Trading Down 1.7 %

Shares of CFP stock opened at C$16.60 on Wednesday. The company’s 50-day moving average price is C$15.76 and its 200-day moving average price is C$15.18. The company has a current ratio of 1.99, a quick ratio of 2.14 and a debt-to-equity ratio of 11.97. The stock has a market cap of C$1.97 billion, a price-to-earnings ratio of -4.93 and a beta of 2.08. Canfor has a twelve month low of C$13.41 and a twelve month high of C$19.30.

Canfor Company Profile

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy.